August 2, 2011 remains the projected day the nation's debt ceiling would be breached, attempting to set in stone a drop-dead deadline as the Obama administration and congressional Republicans continue to haggle over raising the limit.
|Sens. Kent Conrad|
The push-back has come in recent days from Sens. Kent Conrad (D-N.D.), chairman of the Senate Budget Committee, and Joe Manchin (D-W.Va.), a freshman who is running for reelection next year. Sen. Mark Pryor (D-Ark.) told constituents during the Easter recess that he would not vote to lift the debt limit without a “real and meaningful commitment to debt reduction.”